uCloudlink Group Inc. (UCL)

uCloudlink Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31.08	30.06	23.37	14.92	7.87	21.99
Short-Term Investments	7.98	10.31	7.61	13.1	14.17	21.73
Cash & Short-Term Investments	39.05	40.37	30.98	28.02	22.04	43.71
Cash Growth	22.36%	30.29%	10.57%	27.15%	-49.58%	9.74%
Accounts Receivable	7.67	9.85	9.43	6.66	16.08	9.01
Other Receivables	-	1.35	-	0.72	1.47	0.63
Receivables	7.67	11.2	9.43	7.37	17.55	9.63
Inventory	2.34	1.31	2.18	3.62	6.13	5.85
Prepaid Expenses	5.29	2.32	6.42	2.16	2.55	3
Restricted Cash	-	-	-	-	-	8.24
Other Current Assets	-	0.36	-	0.16	0.81	1.51
Total Current Assets	54.35	55.56	49.02	41.35	49.09	71.94
Property, Plant & Equipment	5.9	6.9	4.75	1.39	1.8	3.03
Long-Term Investments	2.01	2.01	1.96	1.71	13.93	19.13
Other Intangible Assets	0.47	0.51	0.65	0.8	1.01	1.04
Other Long-Term Assets	-	-	0.23	0.69	1.31	2.12
Total Assets	62.74	64.98	56.61	45.93	67.13	97.25
Accounts Payable	6.93	7.45	5.33	6.85	13	8.71
Accrued Expenses	23.09	22.75	22.89	22.28	24.71	22.72
Short-Term Debt	7.94	6.96	5.3	2.88	3.18	3.7
Current Portion of Leases	1.79	1.85	1.08	0.18	-	-
Current Unearned Revenue	0.94	0.71	1.6	1.27	1.59	0.89
Other Current Liabilities	-	2.47	2.92	2.97	4.29	4.52
Total Current Liabilities	40.7	42.18	39.12	36.44	46.77	40.54
Long-Term Leases	0.64	1.09	1.29	-	-	-
Other Long-Term Liabilities	0.07	0.09	0.15	0.2	0.26	0.32
Total Liabilities	41.41	43.36	40.55	36.64	47.03	40.86
Common Stock	0.02	0.02	0.02	0.02	0.01	0.01
Additional Paid-In Capital	241.71	241.38	240.14	236.77	230.05	220.29
Retained Earnings	-222.62	-222.01	-226.57	-229.38	-209.52	-163.48
Comprehensive Income & Other	2.22	2.23	2.46	1.88	-0.45	-0.43
Total Common Equity	21.33	21.62	16.05	9.29	20.09	56.39
Shareholders' Equity	21.33	21.62	16.05	9.29	20.09	56.39
Total Liabilities & Equity	62.74	64.98	56.61	45.93	67.13	97.25
Total Debt	10.37	9.9	7.67	3.06	3.18	3.7
Net Cash (Debt)	28.68	30.47	23.32	24.96	18.86	40.01
Net Cash Growth	17.63%	30.68%	-6.59%	32.34%	-52.85%	20.60%
Net Cash Per Share	0.76	0.81	0.63	0.80	0.66	1.54
Filing Date Shares Outstanding	37.62	37.63	37.49	36.98	28.97	28.29
Total Common Shares Outstanding	37.62	37.8	37.45	36.88	28.7	28.21
Working Capital	13.65	13.38	9.89	4.91	2.31	31.4
Book Value Per Share	0.57	0.57	0.43	0.25	0.70	2.00
Tangible Book Value	20.85	21.12	15.4	8.49	19.08	55.36
Tangible Book Value Per Share	0.55	0.56	0.41	0.23	0.66	1.96
Machinery	-	12.24	11.92	11.26	13.37	15.43
Leasehold Improvements	-	0.53	0.53	0.54	0.59	0.56

Updated May 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q